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Bitcoin (CRYPTO: BTC) moved higher, with the cryptocurrency prices trading above the key $28,000 level on Wednesday.
Ethereum (CRYPTO: ETH) also traded lower, but remained below the key $1,900 mark this morning.
The annual inflation rate in the US fell to 4.9% in April, recording the lowest level since April 2021, and compared to 5% in March.
Kava (CRYPTO: KAVA) was the top gainer over the prior 24 hours, while Stacks (CRYPTO: STX) turned out to be the biggest loser.
At the time of writing, the global crypto market cap rose to $1.16 trillion, recording a 24-hour gain of 1.5%. BTC was trading higher by 2.3% at $28,230 while ETH rose by around 1.7% to $1,875 on Wednesday.
Here are the top ten crypto gainers and losers over the past 24 hours:
Price: $0.8776
24-hour gain: 11.1%
Price: $0.00009131
24-hour gain: 7.1%
Price: $1.18
24-hour gain: 7.1%
Price: $0.3898
24-hour gain: 6.4%
Price: $1.87
24-hour gain: 6.3%
Price: $0.6555
24-hour drop: 5.3%
Price: $37.89
24-hour drop: 3.6%
Price: $0.000001878
24-hour drop: 3.5%
Price: $0.1111
24-hour drop: 2.3%
Price: $117.92
24-hour drop: 2.2%
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Posted In: $BCH $BSV $BTC $CHZ $ETH $FTM $KAVA $LUNC $PEPE $STX